Tech

Wednesday, December 9, 2015

Funding Box: The Latest Startup Funding News

The Funding Box provides information on venture capital/private equity and startup funding. Here's a list of top startup funding stories.

Platfora, a San Mateo-based big data discovery platform, has raised a $30 million in financing round. HSBC and Harmony Partners led this financing round, with participation from Allegis Capital, Andreessen Horowitz, Battery Ventures, Citi Ventures, Cisco, Sutter Hill Ventures and Tenaya Capital.Based in San Mateo, California, Platfora provides a big data discovery platform that combines traditionally separate tools such as analytics, business intelligence, data visualization, data preparation and in-memory acceleration. Platfora’s platform, which built on Apache Hadoop and Spark, enables business and data scientists to visually interact with petabytes-scale data and to work with raw forms of transactions, customer interaction and machine data to find new business opportunity and manage risk. Platfora’s customers include AutoTrader, Citi, Coupons.com, Disney, Edmunds.com, Kelley Blue Book, Karma (Fisker), Opower, Riot Games, Sears, TiVo and Vivint.Interlude, a New York City-based digital media company that designs, develops and markets interactive video technology, has raised a $18.2 million in funding round. Investors included Metro-Goldwyn-Mayer Studios, Warner Music Group, Samsung, Sequoia Capital and Intel Capital. The fresh capital will be used grow its ecosystem of creators and advance its technology. Based in New York City, Interlude provides a new form of media in which video can respond to a person’s actions and interests in real-time. Interlude’s patented technology platform allows the viewer to step into the story to make choices that affect dialogue, at any particular moment in time. Interlude has offices in Tel Aviv, Israel and Los Angeles, California.Vitals, a New Jersey.-based health care price transparency and consumer engagement solutions provider, has secured $41 million in funding round. Investors included the Merchant Banking Division of Goldman Sachs and existing investors. The newly raised funds will be used for continued expansion. Founded in 2007 and based in Lyndhurst, New Jersey, Vitals provides people with a marketplace to shop for their health care. The company supports more than 120 million people each year in accessing care. Nestpick, a Berlin-based long-term rental startup, has raised a $2 million in funding round.This financing round, which followed up November’s Series A investment of $11 million, saw the participation from venture capital firms Target Global and b-to-v Partners. Based in Berlin, Germany, Nestpick connects tenants with landlords through mid to long-term contracts via a platform, a dedicated Team and a thorough verification system. Image credit: Platfora

Google's Next Big Project

Virtualizing the Entire Data Center

VMware vSphere Essentials delivers the industry-leading virtualization platform for small businesses at an affordable price. Small businesses can virtualize their physical servers and centrally manage these servers, reducing hardware costs and increasing operating efficiency with a low upfront investment.
Provides cost-effective server consolidation and management for small offices